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humans can be productively employed. Recent technological change has been biased towards automation, with insufficient focus … tendency is to develop AI in the direction of further automation, but this might mean missing out on the promise of the "right …
Persistent link: https://www.econbiz.de/10012005993
The authors explore the impact of artificial intelligence on the economy by improving the neoclassical production function and the task-based model. Based on the capital accumulation of artificial intelligence and technological progress, they present a theoretical model that explores the effect...
Persistent link: https://www.econbiz.de/10012060797
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014533949
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014567540
this area. We discuss the implications of artificial intelligence, robotics, and automation for organizational design and …
Persistent link: https://www.econbiz.de/10012217710
trusted methods and pathways could be closing in light of new technological developments such as automation and artificial …
Persistent link: https://www.econbiz.de/10012249282
The interplay between labour institutions and the adoption of automation technologies remains poorly understood … conditional correlations between the presence of employee representation (ER) and the use of automation technologies. We find that … management. Greater automation in establishments with ER does not seem to result from more adversarial employment relationships …
Persistent link: https://www.econbiz.de/10012322598
role of automation in supporting the work of humans but the potential of Artificial Intelligence (AI) to influence the need …
Persistent link: https://www.econbiz.de/10012417022
Rapid technological progress poses challenges for labor markets. Automation can both displace and create jobs … further decline in the labor share of national income. This paper reviews the impact of automation and artificial intelligence …
Persistent link: https://www.econbiz.de/10012610124
This study examines how ChatGPT affects the labor market. I first thoroughly analyzed the prior research that has been done on the subject in order to start understanding how ChatGPT and other AI-related services are influencing the labor market. Using the supply and demand model, I then assess...
Persistent link: https://www.econbiz.de/10013553519